Bybit presents its Web3 vision: pioneering simplicity, openness and equality in the decentralized ecosystem

2023-12-14 02:29:47

Dubai, United Arab Emirates (ots/PRNewswire) Bybitthe world’s third-largest cryptocurrency exchange by volume, today celebrated its 5th anniversary by unveiling its pioneering Web3 vision, aimed at creating a decentralized ecosystem that is simpler, more open and more equal for all.

“Our Web3 vision represents an expansion of our promise to be the cryptoarch that protects users’ assets and seamlessly integrates them into the world of cryptocurrencies. We want to help more users make the transition from Web2 to Web3 by building a decentralized ecosystem that is simpler, more open and equal for everyone,” said Ben Zhou, co-founder and CEO of Bybit.

Bybit’s Web3 mission and values: Openness redefined

At the heart of Bybit’s Web3 vision is a commitment to openness. Bybit wants to be open to all developers, creators and partners in the blockchain space. This is reflected in our commitment to collaboration, exploration and innovation together with our community and partners to create an environment in which blockchain technology benefits everyone equally.

Bybit’s stated goal is to merge and open up currently separate systems into a unified experience that seamlessly connects users across different Web3 ecosystems, platforms and services.

Unlock the potential of Web3

Bybit’s strategic approach to implementing its Web3 vision is multi-faceted and includes infrastructure, applications, ecosystem and user engagement initiatives:

  • Opening and simplifying access to Web3

    – Bybit Web3 will introduce multi-wallet integration that seamlessly combines ease of use and advanced technology, allowing users to use both custodial wallets and
    also manage MPC wallets for various purposes. – Users can easily access dApps, NFT marketplaces and the entire range of Web3 functions and services from the Bybit Wallet. This streamlined approach allows users to conveniently manage their DeFi portfolios, including buying, selling, trading, swapping and staking DeFi assets, with just a few clicks on a single platform.

  • Deepening ecosystem partnerships, equal access to opportunities

    – After a successful 2023, which was characterized by the promotion of partners in the Web3 space, such as the “Oracle Red Bull Racing Velocity” series, Bybit will now further expand its Web3 infrastructure and further partnerships with prominent blockchain ecosystems and projects, including the launch of the redesigned NFT marketplace. – Users can expect a more diverse and dynamic marketplace, a wider range of curated digital assets and greater liquidity, enabling them to take advantage of the opportunities
    in the DeFi and NFT space. – Brands and companies looking to enter or leverage Web3 will benefit from expanded support, such as dedicated programs and collaboration initiatives, to help them take advantage of the opportunities presented by evolving decentralized
    landscape.

  • Simplicity, pleasure and advantages on the web3

    – Bybit is committed to providing all users and partners with fun and benefits in freely exploring Web3 and a more inclusive and participatory experience in the decentralized space
    cultivate. – The community can look forward to more support, incentives and initiatives to further develop their research, analysis and investment skills and support the Crypto Ark ecosystem
    and Bybit Web3 can build and expand together.

“In a world where division is pervasive, we want to build an ecosystem that breaks down barriers and provides equal opportunities for everyone,” Ben adds.

“This unwavering commitment aligns with Bybit’s broad vision to democratize access to the transformative power of Web3 and ensure its benefits extend far beyond the realms of technology and finance.”

#Bybit #TheCryptoArk #BybitWeb3

Information regarding Bybit

Bybit is one of the three largest cryptocurrency exchanges in terms of volume and had 20 million users in 2018. The company provides a professional platform where crypto investors and traders find an ultra-fast matching engine, 24/7 customer service and multilingual community support. Bybit is a proud partner of the reigning Formula 1 constructor and driver champions: the Oracle Red Bull Racing Team.

For more information regarding Bybit please visit Bybit Presse.

Questions & Contact:

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